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$ 1,289,000
Est. payment /mo
Price Dropped by $10K
1236 N Wilmington Wilmington, CA 90744
0.31 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26061318
HOA Y/N No
Year Built 1947
Lot Size 0.306 Acres
Property Sub-Type Mixed Use
Property Description
SELLER REVIEWING OFFERS SEPT. 1st. BRING ALL OFFERS!! Fully renovated turnkey mixed-use asset with ADU development potential on a 13,343 SF lot zoned LAC1.5. Large rear yard and favorable layout support the potential to add 3+ ADUs (buyer to verify) — strong value-add opportunity to increase density and long-term income. Excellent Current Financials: 8.87 GRM and OVER 7.9% Cap Rate!!
***Current unit mix: 5 total units — 3 commercial (Private Kitchen at $3,000/mo, Nutrition/Vitamin Shop at $3,500/mo & one 945 Sq.Ft. Vacant), 1 two-bedroom residential unit at $2,165, and 1 legal 1-bedroom ADU at $1,950. Provides in-place cash flow with immediate upside through lease-up of vacant commercial space and future ADU expansion.
***Location advantages: high-visibility corridor on Wilmington Blvd with strong street frontage, consistent local traffic, and demand for neighborhood-serving retail. Close proximity to the Port of Los Angeles, major industrial/employment hubs, and dense residential neighborhoods supports both commercial and residential tenancy. Easy access to major transportation routes increases tenant demand and long-term rent growth.
Ideal for investors seeking stable mixed-use income with clear path to scale units and improve returns.
***Current unit mix: 5 total units — 3 commercial (Private Kitchen at $3,000/mo, Nutrition/Vitamin Shop at $3,500/mo & one 945 Sq.Ft. Vacant), 1 two-bedroom residential unit at $2,165, and 1 legal 1-bedroom ADU at $1,950. Provides in-place cash flow with immediate upside through lease-up of vacant commercial space and future ADU expansion.
***Location advantages: high-visibility corridor on Wilmington Blvd with strong street frontage, consistent local traffic, and demand for neighborhood-serving retail. Close proximity to the Port of Los Angeles, major industrial/employment hubs, and dense residential neighborhoods supports both commercial and residential tenancy. Easy access to major transportation routes increases tenant demand and long-term rent growth.
Ideal for investors seeking stable mixed-use income with clear path to scale units and improve returns.
Location
State CA
County Los Angeles
Area 195 - West Wilmington
Interior
Heating Natural Gas
Fireplace No
Laundry Laundry Room
Exterior
Community Features Park
Present Use Commercial,Investment,Multi-Family
Building
Lot Description 0-1 Unit/Acre, Near Park
Story 1
Water Public
Others
Tax ID 7415012042
Special Listing Condition Standard
Listed by Olga Wright Lyon Stahl Investment Real Estate, Inc. 310-801-7373, DRE #01315042
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